Provision for depreciation

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 December 2013 Sir,

An institution has not provided for any depreciation of its fixed assets till this year.What is the treatment,if depreciation is to be provided in the current financial year ?
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
19 December 2013 As prior period item needs to charge for all the years and should be reflected in notes to accounts.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us

budget 26-27


Answer Query



Quick Links



Browse by Category